Why I definitely think the Liberals are headed for a massive defeat in the Next Election

[Lokmar]

Not to anybody in this country. But, Joe posted it with fingers crossed you would reply. And you didn't let him down.

Glad to help!

Anywho, is it bullshit that people are against this and believe it will smother investments and create an inheritance tax? I can tell you our mummy in chief is proposing even worse and if it happens, the markets will be fucked!

[Brent]

Glad to help!

Anywho, is it bullshit that people are against this and believe it will smother investments and create an inheritance tax? I can tell you our mummy in chief is proposing even worse and if it happens, the markets will be fucked!

Canadians do not want to give Trudeau more money. He never spends it wisely. Only his rich prog friends benefit.

[Lokmar]

Canadians do not want to give Trudeau more money. He never spends it wisely.

No doubt! Thats what I got from the video.

[JOE]

Glad to help!

Anywho, is it bullshit that people are against this and believe it will smother investments and create an inheritance tax? I can tell you our mummy in chief is proposing even worse and if it happens, the markets will be fucked!

I thought Trudeau could have done it a lot differently.

Just lay off people who own ONE vacation home on top of their main home.

Many people have owned vacation homes throughout the past 100 years.

While I think there's a case to go after land hoarders, the common folk who just want an extra home shouldn't be taxed.

Trudeau us a lot like his friend Obama. Geez no wonder their buddies. Neither is terribly practical. Didn't Obama lower the top marginal tax rate to $250,000 in the US? Then he wondered why they weren't creating any jobs. Even his supporters like Buffet and Steve Jobs told him he didn't have a plan.

[Lokmar]

I thought Trudeau could have done it a lot differently.

Just lay off people who own ONE vacation home on top of their main home.

Many people have owned vacation homes throughout the past 100 years.

While I think there's a case to go after land hoarders, the common folk who just want an extra home shouldn't be taxed.

Trudeau us a lot like his friend Obama. Geez no wonder their buddies. Neither is terribly practical. Didn't Obama lower the top marginal tax rate to $250,000 in the US? Then he wondered why they weren't creating any jobs. Even his supporters like Buffet and Steve Jobs told him he didn't have a plan.

That stupid nigger promised that his tax hike wouldnt affect anyone under $250K. People like me said it was a lie, people like you said it wasnt, people like me were right and people all the way down to 60K/yr got a tax hike. Served the cunts right for believing that dumb dog eater snake oil selling nigger!

[JOE]

No doubt! Thats what I got from the video.

Apparently the Liberals in Canada aren't alone on hiking capital gains taxes LokmarL okmeer!

Its happenin in the good old USA too!

[Oliver the Second]

Apparently the Liberals in Canada aren't alone on hiking capital gains taxes LokmarL okmeer!

Its happenin in the good old USA too!

So if you sell gold you'd have to pay a capital gains tax?

What, you really thought the government was going to let you make money?

45 percent for the big guy! 

[JOE]

So if you sell gold you'd have to pay a capital gains tax?

Yeah.

But I think that's always been the rule. And on the USA too. They don't charge tax to buy it but when you sell it gets taxed.

However now it's more strictly enforced.

I saw this place that's paying cash only for gold.

I suppose those places ll become more appealing for those who wanna sell their gold.

[Lokmar]

Yeah.

But I think that's always been the rule. And on the USA too. They don't charge tax to buy it but when you sell it gets taxed.

However now it's more strictly enforced.

I saw this place that's paying cash only for gold.

I suppose those places ll become more appealing for those who wanna sell their gold.

I'll be able to get rid of mine tax free. No problemo.

[TheProwler]

More than one might think.


Prime Minister Justin Trudeau is rejecting a call from some doctors for his government to reconsider its planned capital gains tax hike.

The doctors warn that the tax change could undermine efforts to recruit and retain physicians in Canada and threaten the stability of the health-care system.

Canadian Medical Association president Kathleen Ross told the Canadian Press earlier Tuesday that many doctors would be be hit by the hike because they incorporate their medical practices and invest for their retirement within their corporations.

Ross said many doctors set themselves up as small businesses, incorporating their practices to help them deliver services to their patients.

In a statement posted on the CMA website, Ross said the hike "will create another barrier to retaining and recruiting physicians in a time when our health system and the providers within it are already under constant strain."

The statement says that the tax increase undermines the well-being of doctors and "jeopardizes the stability of our struggling health-care system" at a time when physicians are already leaving the profession or reducing their hours.

Ross's concerns were echoed by the non-profit organization Doctors Manitoba.
https://www.cbc.ca/news/politics/doctors-retirement-capital-gains-1.7181885#:~:text=Prime%20Minister%20Justin%20Trudeau%20is%20rejecting%20a%20call,and%20threaten%20the%20stability%20of%20the%20health-care%20system.

That is all theater to highlight the importance of doctors.

Next thing you know, they will be saying they need to be paid more.  That is the end game.

Someone who is earning over $250K per year solely in Capital Gains does not need to be paid more.  And the benefit of sheltering one's investments under a corporation has less benefit now.

That is their real concern.

They are not hitting $250K in Capital Gains.  It is the investments they are sheltering in their corporations.

The investments in their corporations are already taxed at half the rate it would be if they paid themselves.

There is a shortage of doctors and those fuckin' weasels just want to take advantage of taxpayers.  The government should hire some business process analysts to optimize the operations in these private family doctor practices.  We could streamline their operations and justify a significant reduction in their government paid income.

Honestly, fuck them.

[TheProwler]

This whole issue is being blown out of proportion.

And while it might appear that popular opinion is against it, remember that people vote anonymously.

Most people like Senile JOEJ will tend to like this policy because he has the "stick it to the elite" mentality.  There are a lot of people with that mentality.  They know it will never affect them, so they like it.  So while they follow the pack on this like Senile JOEJ and talk like they are against it, secretly they support it.

Politically, I think this is a winning position for the Liberals and I think the Conservatives are fucking up by making it a bigger deal than it really is...

[JOE]

This whole issue is being blown out of proportion.

And while it might appear that popular opinion is against it, remember that people vote anonymously.

Most people like Senile JOEJ will tend to like this policy because he has the "stick it to the elite" mentality.  There are a lot of people with that mentality.  They know it will never affect them, so they like it.  So while they follow the pack on this like Senile JOEJ and talk like they are against it, secretly they support it.

Politically, I think this is a winning position for the Liberals and I think the Conservatives are fucking up by making it a bigger deal than it really is...

Actually TheProwlerT he Prowler - I am and have traditionally been a Liberal voter in Canada. However, I think they are and have been fucking up in their last term/mandate.

Also, it is a mistake to mention or introduce new taxes in a runnup to an election year.

I'm not pleased with the way Trudeau and the Liberals are running the country.

They overimmigrated, overspent and of course now the bills have come due.

It's rather self evident after the Pandemic ended, they should have just shut off the tap & become more fiscally conservative in their approach.

Conservatives don't like it when I criticize their policies.
But Liberals don't like it either.

I just try to be as objective as I can.
And so I call them out.

And I'm afraid as a traditional Liberal voter, the Liberals and Trudeau don't deserve another chance this time Prowler. It actually pains me to say that but it is the truth.

Scandinavians - who are often thought of as a Socialist Paradise - compared with the Liberal/Ndp coaltion in Canada, are actually quite fiscally responsible. They either manage to balance their budgets or else keep the gdp to debt ratio low.

They realize that Socialism, social programs and mass immigration cost money.

The politicians who implement expensive programs and subsequent tax hikes should think before they do and passing the bill off to the taxpayer.

[Frood]

Joe's ideas of left and right are highly skewed.

He's a product of sub room temperature parental IQ's,, fetal alcohol syndrome, lead paint chip poisoning as a tot, the MMR jab, and the incel nature of his 60 years as an adult on the earth.

I have nothing but admiration for ThielT ...

He's adopted one of perhaps biggest window lickers (obviously Seaboobs and Admong take 1st and 2nd place).

[DKG]

That is all theater to highlight the importance of doctors.

Next thing you know, they will be saying they need to be paid more.  That is the end game.

Someone who is earning over $250K per year solely in Capital Gains does not need to be paid more.  And the benefit of sheltering one's investments under a corporation has less benefit now.

That is their real concern.

They are not hitting $250K in Capital Gains.  It is the investments they are sheltering in their corporations.

The investments in their corporations are already taxed at half the rate it would be if they paid themselves.

There is a shortage of doctors and those fuckin' weasels just want to take advantage of taxpayers.  The government should hire some business process analysts to optimize the operations in these private family doctor practices.  We could streamline their operations and justify a significant reduction in their government paid income.

Honestly, fuck them.

It's a retroactive tax on a group of professionals who do not have access to pensions, sick days or insurance. The vast majority of family doctors and just doctors in general in Canada are practicing through what's called a professional corporation. It's a retroact5ive tax on a group of professionals who do not have access to pensions, sick days or insurance.

A capital gain is the difference between the cost of an asset, a holiday home, an investment property, a stock or a mutual fund and its total sale price.

Right now, only 50 per cent of capital gains are taxable; the budget proposes to increase that "inclusion rate" from 50 per cent to two-thirds on capital gains above $250,000 for individuals.

I agree with Jessica Brandon-Jepp of the Canadian Chamber of Commerce's senior director of fiscal and financial services policy who said the capital gains hike could affect growth. This at a time when Canada is experiencing a productivity crisis.

Former Liberal finance minister Bill Morneau also criticized the proposed changes to capital gains last week, saying it's "clearly a negative to our long-term goal, which is growth in the economy, productive growth and investments."

"This was very clearly something that, while I was there, we resisted. We resisted it for a very specific reason — we were concerned about the growth of the country," he said last week at a post-budget Q&A session with KPMG, one of the country's large accounting firms.

"I think we always have to recognize any measure that creates a disincentive for investment not only impacts us within the country but also impacts foreign investors that are looking at our country."

[Lokmar]

Younger doctors should pack up and move to places like Florida and let them socialistic Cucknadians die from the substandard treatment they will get from the remaining doctors who graduated at the bottom of their class.

My son in law makes $400K+/yr and pays 0% state income tax to boot!